Gov. Hochul Signs Bills to Ban CO2 Fracking, Make Polluters Pay for Climate Damage
Briefly

from City Limits2 months ago
Governor Kathy Hochul signed critical environmental legislation, including the "Polluters Pay" Act, which mandates major oil and gas companies to contribute $3 billion annually for climate-related damages.
City Limitshttps://citylimits.org/2024/12/27/gov-hochul-signs-bills-to-ban-co2-fracking-make-polluters-pay-for-climate-damage/
New Yorkers are increasingly burdened with billions of dollars in health, safety, and environmental consequences due to polluters that have historically harmed our environment, Hochul stressed.
City Limitshttps://citylimits.org/2024/12/27/gov-hochul-signs-bills-to-ban-co2-fracking-make-polluters-pay-for-climate-damage/
The newly enacted laws also expand New York's fracking ban, halting development using carbon dioxide, and restrict construction of schools within 500 feet of major highways to ensure public safety.
City Limitshttps://citylimits.org/2024/12/27/gov-hochul-signs-bills-to-ban-co2-fracking-make-polluters-pay-for-climate-damage/
The Climate Change Super Fund aims to accumulate $75 billion over 25 years to finance necessary climate adaptation projects, addressing the financial burdens caused by climate change.
City Limitshttps://citylimits.org/2024/12/27/gov-hochul-signs-bills-to-ban-co2-fracking-make-polluters-pay-for-climate-damage/
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#environmental-legislation #climate-change #pollution-accountability #public-safety #fracking-ban
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